Government Code 95508
Current as of January 20, 2022 | Updated by California Business Lawyer & Corporate Lawyer
California Code, Government Code – GOV § 95508
§ 95508. Duties of financial institution (Operation contingent)
The financial institution in which an individual development account is established shall:
(a) Have no greater duties or responsibilities as to an individual development account than it has to any other savings account.
(b) Have no duty or responsibility to any withdrawal restriction established in the contract between the participant and the service provider.